Agri trade deficit narrows 60% in 9 mos

Valencia, Czeriza

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Date

January 20, 2014

Author

Valencia, Czeriza

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PS20140120_B-16

Excerpt

The country's agriculture trade deficit narrowed by 60.47 percent in the first nine months of 2013 as export revenues registered double-digit growth and import expenditure decreased. Export earnings for the following farm, commodities posted increases during the period: copra oil cake (174.30 percent), tobacco manufactured (77.21 percent), centrifugal sugar (74.28 percent), fresh banana (58.62 percent), tuna (48.60 percent), seaweeds and carrageenan (32.79 percent), and fertilizer manufactured (11percent), pineapple and pineapple products (4.88 percent). The Department of Agriculture (DA) is looking for other farm products that could be exported. This ranges from meat, seafood, fruits that could be used for making seasonings and condiments, and grains.

Citation

Valencia, C. (2014, January 20). Agri trade deficit narrows 60% in 9 mos. The Philippine Star, p. B-16.